1. Explain what factors the auditors should have considered in assessing the fraud at The North Face. Did Deloitte meet its ethical and professional responsibilities when performing the audit?
Bedard et al 2004
1. Having read the article assigned for Chapter 7 (Bedard et al 2004) discuss whether audit committee characteristics can affect the level of earnings management. How are non-audit fees or audit fees affected by companies managing earnings?
